Investor Alert: Oppenheimer Steelpath MLP Income Class A Fund Unsuitable for Most Investors

Investors beware, the complexity of the Oppenheimer Steelpath MLP Income Class A fund makes it unsuitable for most investors.  

This fund aims to generate a high level of inflation-protected current income by investing at least 90% of net assets in the equity securities of larger, more liquid energy Master Limited Partnership’s (MLP’s), the majority of whose revenue is generated from energy industry activities.   

In order to reduce risk, financial advisors are required to diversify investment objectives based on age, income, net worth and investment experience.  Recommending the Oppenheimer Steelpath MLP Income Class A fund can over-concentrate investor exposure to one industry, in this case oil and gas which is particularly dependent on volatile global supply and demand.  

This type of investment can be risky for the typical investor and is better suited for institutional, wealthy and sophisticated retail investors.

Disclaimer: This article contains opinions and NOT statements of fact in any way whatsoever. The information here is general information that should not be taken as legal advice. NO attorney-client relationship is established between you and our attorneys by reading this article. This article is attorney advertising and should not be used as a substitute for legal advice from a qualified securities lawyer.

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